Relativity vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Relativity confidentially filed for IPO in early 2026, the first legal tech company to do so since 2021, while rebranding as a legal data intelligence platform.
About
Relativity was founded in 2001 in Chicago by Andrew Sieja (originally as kCura) and rebranded under its current name in 2017 after its eponymous e-discovery platform became the industry standard. The company serves over 300,000 users in approximately 40 countries, including 198 of the Am Law 200 law firms and the U.S. Department of Justice, processing over 145 billion files through its cloud platform RelativityOne. Valued at $3.6 billion following a 2023 investment round, it plans to invest more than $170 million in R&D in 2025.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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